Get the free Group Personal Excess Liability Enrollment Form

This enrollment form is for McDonald\'s Owner/Operators to participate in the Group Personal Excess Liability Program offered in partnership with Chubb Insurance Company. Eligible participants must own at least 20% of a McDonald\'s and complete the form by March 1, 2023, to secure coverage. The document outlines premium options, coverage limits, and required underlying insurance requirements, stipulating that submissions do not guarantee coverage until approved.

How to fill out group personal excess liability

How to fill out group personal excess liability

1. Obtain the group personal excess liability application form from your insurance provider.
2. Fill in the personal details of the group members, including names, addresses, and contact information.
3. Provide details of existing liability coverage each group member has.
4. Indicate the desired amount of excess liability coverage to be added.
5. Review the policy exclusions and limits outlined in the form.
6. Sign the application form where required.
7. Submit the completed application to your insurer along with any necessary documentation.

Who needs group personal excess liability?

1. Individuals or families with significant assets to protect from potential lawsuits.
2. Professionals who serve clients or customers and may be liable for claims.
3. Organizations where group members engage in activities that expose them to higher risks.

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What is group personal excess liability?

Group personal excess liability is a type of insurance that provides additional coverage beyond the limits of individual personal liability policies, typically for a group of individuals, such as members of an organization.

Who is required to file group personal excess liability?

Individuals or entities that participate in a group coverage plan and wish to have additional liability protection beyond their primary insurance policies are required to file for group personal excess liability.

How to fill out group personal excess liability?

To fill out a group personal excess liability application, you should provide necessary personal information, insurance details, coverage limits desired, and other relevant information as specified by the insurance provider.

What is the purpose of group personal excess liability?

The purpose of group personal excess liability is to provide an extra layer of financial protection against large claims and lawsuits that exceed standard personal liability policy limits.

What information must be reported on group personal excess liability?

Information that must be reported includes personal identification details, existing policy limits, desired coverage amounts, and any relevant risk factors associated with the insured individuals or group.